About 401 Milwaukee Avenue
Exceptional opportunity to acquire a well-located commercial property in rural Deer Lodge, Montana, offering both income potential and future flexibility. Positioned on the corner of 4th St and Milwaukee, the property consists of two parcels totaling approximately 0.458 acres.
The primary lot (0.298 acres) features a 4,000 SF building with excellent visibility and functional layout, well-suited for a variety of commercial uses; once a bank and now a retail space. The secondary lot (0.16 acres) provides valuable additional space currently utilized as outdoor yard storage, ideal for equipment, materials, or future expansion or development. This parcel also includes a newly constructed 1,140 SF commercial shop (built in 2024) with approximately 14’ clear height, offering versatility for warehousing, service, or additional retail space. The property is currently leased to a ranch supply retailer on a month-to-month triple net lease at $3,500/month, providing immediate income while maintaining flexibility for a future owner-user. With its combination of income, usable yard space, and redevelopment potential, this property presents a compelling opportunity for both investors and owner-users in the Deer Lodge market.
